NorthMarq’s Tampa office secures $6,035,000 refinance of student housing property located in Milledgeville, Georgia
Boulevard Milledgeville
TAMPA, FLORIDA (September 26, 2019) – NorthMarq’s Tampa-based regional office arranged the $6,035,000 refinance of Boulevard Milledgeville, a newly-constructed student housing property located in Milledgeville, Georgia.
The development consists of 17 cottage-style buildings with a total of 28 units and 126 beds and is located just two blocks from the Georgia College and State University (GCSU) campus.
The permanent loan was structured with a 10-year term and a 30-year amortization schedule. NorthMarq arranged financing for the borrower through Fannie Mae.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
